What is moving to SPX up relentlessly and how should you trade it?
Lots of Traders are looking at the SPX to catch a potential retracement. This will not occur until the Sentiment drivers behind the market change.
At the moment, very recently, its confusion. This could lead to a larger, sudden change, should any rhetoric from Powell give it fuel.
Lots of Traders are looking at the SPX to catch a potential retracement. This will not occur until the Sentiment drivers behind the market change.
At the moment, very recently, its confusion. This could lead to a larger, sudden change, should any rhetoric from Powell give it fuel.
Note
Again, same boring FED Rhetoric. No significant change to add shorts.Note
Further FED impetus/inflow to give 'safer' outlook and hence further rise. Plans remain^Note
Jobs data again inline with pushed rhetoric and results. More positivity for US markets. Await change, inline with video.Note
Follow-up on recent moves:
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Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.